Skip to Primary Navigation

Skip to main content

ESMA supervisory briefing on algorithmic trading in the EU

Inside Barcelona Stock Exchange
Photo: Horacio Villalobos/Corbis via Getty Images

Ben Maconick | CMS, Tom Callaby | CMS

6 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

Key points and practical implications in the areas of governance, testing, outsourcing, and pre-trade controls.

The European Securities and Markets Authority (ESMA) published a supervisory briefing providing guidance on algorithmic trading under MiFID II on February 26, 2026. The briefing draws on insights from the 2022 Common Supervisory Action (CSA) on pre-trade controls, as well as ongoing supervisory experience and discussions with national competent authorities

While the briefing

, , , , , , , , ,

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience